North America
Lombard Int’l sets up dual US-UK wealth solution
Lombard International Assurance, a provider of wealth structuring solutions for high net worth clients, has launched a new wealth planning product designed to meet the needs of US taxpayers and prospective US residents currently residing in the UK.
Lazard launches US equity fund
Lazard Asset Management (LAM) has launched the Lazard US Equity Concentrated Fund.
MetLife in talks to sell US retail adviser business
MetLife, the largest life insurer in the US, confirmed on Thursday that it is in talks to sell its roughly 4,000-strong adviser force MetLife Premier Client Group to Massachusetts-based MassMutual Financial Group.
Fund Selector: The ‘fangtastic’ four
2015 was the weakest year for US equities since 2008, the exception being the technology sector that was buoyed by the ‘Fangs’ – Facebook, Amazon, Netflix and Google.
Source broadens US sector range with two new ETFs
UK-based exchange traded fund provider Source launched two new US sector Ucits ETFs, providing targeted exposure to the financial services and real estate sectors of the S&P 500 equity index.